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Regulations & Policy

Brent price resolution

The National Hydrocarbons Agency (ANH) issued Resolution No. R4D1C4D0_1 of R4D1C4D0_2, establishing the international average price of Brent crude for 2024 and the table of monthly average price percentiles.

Tuesday, February 4th, 2025
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Pearl comments

Frank Pearl, President of the Colombian Association of Oil and Gas (ACP), talked about the recent diplomatic crisis between the US and Colombia.

Monday, February 3rd, 2025
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Investment concerns about “Catatumbo taxes”

The Colombian government announced three new temporary taxes on petroleum, gas, and gambling exports as part of the measures introduced under the recently declared state of internal emergency. This decision raised concerns among economic sectors, particularly within the oil and gas industry, over its potential impact on investment and sector stability.

Monday, February 3rd, 2025
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ANH proposes contract changes for a Just Energy Transition

The National Hydrocarbons Agency (ANH) published a draft agreement entitled “Measures to promote compliance and normalization of current hydrocarbons contracts and agreements in the context of a Just Energy Transition.”

Monday, February 3rd, 2025
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Royalties budget

The Colombian Ministry of Finance (MinHacienda) issued a decree adding resources to the General System of Royalties (SGR) budget.

Thursday, January 30th, 2025
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Looming threat to Venezuela

Venezuela’s oil production, which grew by 17.6% last year, faces a serious risk of decline if the new US administration under Donald Trump tightens sanctions on Caracas.

Thursday, January 30th, 2025
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More taxes on oil exports?

The Colombian government has announced new tax measures following the declaration of a state of internal disturbance.

 

Wednesday, January 29th, 2025
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Transporters demand action

The recent resignation of Colombia’s Transport Minister (MinTransporte), María Constanza García, reignited concerns among transport sector representatives, who claim that negotiations with the government, initiated after the 2024 national strike, have stalled.

Tuesday, January 28th, 2025
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Trump beats Petro

Trump beats Petro

In a dramatic escalation of diplomatic tensions over the weekend, US.President Donald Trump announced a series of retaliatory measures against Colombia in response to President Gustavo Petro’s refusal to accept deportation flights carrying Colombian migrants.

Monday, January 27th, 2025
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‘Mini’ tax reform

The administration of President Gustavo Petro wants to leverage the state of interior emergency to introduce a ‘mini’ tax reform aimed at financing programs to address the escalating violence in Catatumbo.

Monday, January 27th, 2025
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